Senior Companies Finance Manager

Senior Companies Finance Manager

Full-Time 61816 - 75552 £ / year (est.) No working from home possible
DEPARTMENT OF HEALTH AND SOCIAL CARE

At a Glance

  • Tasks: Lead financial strategy and governance for government-owned companies, ensuring public value and accountability.
  • Company: Join the Department of Health and Social Care, dedicated to improving lives across the UK.
  • Benefits: Competitive salary, market pay supplement, and opportunities for professional growth.
  • Other info: Collaborative team culture focused on inclusivity, improvement, and agility.
  • Why this job: Make a real impact on public services while working with senior stakeholders in a dynamic environment.
  • Qualifications: Must be a fully qualified member of a recognised accounting body with senior finance experience.

The predicted salary is between 61816 - 75552 £ per year.

Location: Leeds, London

About the job

The Companies Sponsorship Team operates across DHSC's London and Leeds offices and is responsible for overseeing the department's portfolio of government-owned companies. The team provides strategic, financial and governance oversight, ensuring these organisations are well governed, financially sustainable, deliver value for money, and align with departmental priorities. This role works autonomously within a supportive and collaborative team environment, providing commercial and financial leadership across a varied portfolio of sponsorship, governance and corporate projects. There is scope to tailor aspects of the role to reflect the skills, interests and experience of the successful candidate.

This is an exciting opportunity to join the Companies Sponsorship Team contributing to the department's oversight of government-owned companies and supporting the delivery of complex transformation programmes. The role offers exposure to senior stakeholders across government and the opportunity to influence key decisions that support the effective management and performance of organisations delivering key public objectives.

In the Department of Health and Social Care, we are proud of our purpose - to enable everyone to live more independent, healthier lives for longer. To achieve this, and create a great place to work, we have four values: we are inclusive, we constantly improve, we challenge, and we are agile. If this sounds like an environment you would like to work in, we would love to hear from you.

Job description

You will provide strategic financial leadership and shareholder oversight across the department's portfolio of government-owned companies and commercial projects. Acting as a senior representative of the Secretary of State as shareholder, you will play a key role in safeguarding public value, ensuring effective corporate governance, and supporting the successful delivery of company objectives. Working closely with Chairs, Non-Executive Directors, Chief Executives and Chief Financial Officers, you will build strong and influential relationships across the portfolio. You will lead the analysis of complex board and committee papers, advising shareholder representatives and senior departmental leaders on strategic decisions, financial performance, governance risks, investment opportunities and matters of public accountability. This is a high-profile role requiring strong commercial judgement, strategic financial leadership and the ability to operate confidently at Board level whilst balancing shareholder interests, fiduciary obligations and wider government objectives.

For candidates that hold a full Consultative Committee of Accountancy Bodies (CCAB), Chartered Institute of Management Accountants (CIMA) or equivalent qualification will be eligible for an annual market pay supplement of £5,000.

Person specification

  • Act as the Department's senior shareholder representative across a portfolio of government-owned companies, providing strategic oversight and ensuring effective stewardship of public assets and investments.
  • Support and advise DHSC-appointed shareholder and Non-Executive Directors in discharging their fiduciary duties, providing robust analysis of board papers and strategic decisions, and ensuring appropriate consideration of financial, governance and reputational risks.
  • Lead departmental engagement with company Boards and Board Committees, influencing strategic direction whilst maintaining clear accountability for performance, governance and value for money.
  • Represent the shareholder interest on Audit, Finance and Risk Committees, providing expert challenge and assurance on financial reporting, internal controls, risk management, accounting treatments and commercial matters.
  • Lead the assessment and challenge of corporate strategies, business plans, budgets and long-term financial forecasts, ensuring organisations remain financially sustainable and aligned to departmental objectives.
  • Oversee shareholder governance arrangements, ensuring compliance with Managing Public Money, HM Treasury guidance, Companies Act requirements, Framework Agreements and wider government corporate governance standards.
  • Provide expert financial, commercial and governance advice to senior departmental leaders, directors and ministers on issues relating to company performance, corporate transactions, strategic investments and organisational change.
  • Commission and oversee financial and commercial due diligence for significant investment decisions, business cases, corporate restructures and major transactions involving government-owned companies.
  • Develop high-quality advice, ministerial submissions and briefing to support decisions on complex and sensitive issues affecting the departmental company portfolio.
  • Build and maintain effective relationships with senior stakeholders across government, regulators, advisors and portfolio companies, acting as a trusted strategic adviser on company finance and governance matters.
  • Provide leadership and professional expertise within the Companies Sponsorship Team, contributing to the development of shareholder governance, financial oversight and best practice across the portfolio.

Key skills and experience required for the role

Essential:

  • Fully qualified member of a recognised CCAB or CIMA accounting body (ACA, ACCA, CIMA, CIPFA or equivalent), with significant post-qualification experience in a senior finance, corporate governance, shareholder or commercial finance role.
  • Substantial experience providing strategic financial leadership and challenge at Board, Audit and Risk Committee, or equivalent senior governance forums, influencing executive and non-executive stakeholders on complex financial matters.
  • Strong understanding of corporate governance, fiduciary responsibilities, shareholder oversight and public sector accountability frameworks, with experience balancing financial, commercial and strategic considerations within a complex environment.
  • Experience leading complex financial analysis and assurance activity, including business planning, financial forecasting, investment appraisal, valuation, due diligence, risk assessment to support senior decision-making.
  • Exceptional stakeholder management and influencing skills, with a proven ability to build trusted relationships and provide clear, evidence-based advice to senior leaders on complex or sensitive issues.

Desirable:

  • Experience acting as a shareholder representative, sponsor team lead, company secretary, board adviser or equivalent role within a government-owned company, public body or regulated organisation.
  • Knowledge of government financial frameworks, including Managing Public Money, HM Treasury guidance, Corporate Governance in Central Government Departments and public sector accounting requirements.
  • Understanding of the health, care, life sciences or wider public services landscape and the governance challenges associated with government-owned companies.

Qualifications

Fully qualified member of a recognised CCAB or CIMA accounting body (ACA, ACCA, CIMA, CIPFA or equivalent).

Behaviours

We'll assess you against these behaviours during the selection process:

  • Leadership
  • Seeing the Big Picture
  • Making Effective Decisions
  • Communicating and Influencing
  • Managing a Quality Service

Senior Companies Finance Manager employer: DEPARTMENT OF HEALTH AND SOCIAL CARE

The Department of Health and Social Care is an exceptional employer, offering a dynamic work environment where strategic financial leadership plays a crucial role in shaping health research funding. With a commitment to employee growth, flexible working patterns, and the opportunity to make a significant impact on ministerial priorities, this role provides a rewarding career path in both London and Leeds. Join us to be part of a team that values innovation, collaboration, and excellence in public service.

DEPARTMENT OF HEALTH AND SOCIAL CARE

Contact Details:

DEPARTMENT OF HEALTH AND SOCIAL CARE Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Companies Finance Manager

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like DEPARTMENT OF HEALTH AND SOCIAL CARE. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Senior Companies Finance Manager

Strategic Financial Leadership
Corporate Governance
Stakeholder Management
Financial Analysis
Investment Appraisal
Risk Assessment
Fiduciary Responsibilities

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to DEPARTMENT OF HEALTH AND SOCIAL CARE.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on DEPARTMENT OF HEALTH AND SOCIAL CARE's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at DEPARTMENT OF HEALTH AND SOCIAL CARE

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with DEPARTMENT OF HEALTH AND SOCIAL CARE.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at DEPARTMENT OF HEALTH AND SOCIAL CARE will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former DEPARTMENT OF HEALTH AND SOCIAL CARE employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.